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Koryx Copper Inc V.KRY

Alternate Symbol(s):  KRYXF

Koryx Copper Inc. is a Canadian copper development company focused on advancing the 100% owned, PEA-stage Haib Copper Project in Namibia whilst also building a portfolio of copper exploration licenses in Zambia. Haib is a large and advanced copper/molybdenum porphyry deposit in southern Namibia. The Haib Copper project, Exploration and Prospecting License 3140, is held by Haib Minerals (PTY) Ltd, a Namibian corporation fully held by the Company. It holds the option to acquire up to 80% of three large scale exploration licenses in the copper belt in Zambia. The licenses include Luanshya West project (LEL 23247), Chililabombwe project (LEL 23247), and Mpongwe project (LEL 23248). The licenses cover about 752 square kilometers in the Central African Copper belt. LEL 23247 is situated in the center of the Zambian Copper belt, which forms part of the Central African Copper belt. The three licenses sits on the same side of the Copperbelt, which hosts nine large copper mines.


TSXV:KRY - Post by User

Comment by staukeloveron Nov 04, 2022 4:51pm
168 Views
Post# 35074459

RE:Namibia news

RE:Namibia newsThere is no doubt that the odds have swung in favour of DSM massively now. We just need the judge to do the right thing but with much greater scrutiny on them now you would expect that to be the case. It is also reaffirming for DSM because it means that there are other companies out there that want what they have. It means their EPL is worth something if they were willing to try and bribe and ccorrupt government officials. The increased volume speaks massively for the increased interest from the market now. Investors will need to get in quick if they are hoping to ride the (hopefully) pending good news.
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